2 weeks Ago By Taylor Troeth
One in three Aussies say cost of living issues will change the way they vote, new research reveals.With Prime Minister Anthony Albanese calling this year’s federal election for May 3, housing affordability and rising costs are front of mind for struggling Aussies heading into the election.New research from comparison site Finder revealed one in three Australians say the rising cost of living has changed how they will vote this year, while a further 26 per cent say they are still making up their mind.
The research surveyed more than 1,000 respondents around the country, asking what is most important to voters and how many Australians are stressed with their finances.RELATED: Number one issue effecting young Aussie voteInflation bombshell to shift rate cut horizonGovt gives up on one million Aussie rentersCost of living is change how voters vote.Picture: Richard GoslingCost of living including prices of rent, mortgage repayments, grocery and energy bills was the most important issue for three out of four Aussies voters, according to Finder.
Healthcare and Medicare came in a close second, an important factor for half of the respondents.MORE: ‘Theft’: $90k yearly rip-off fee blastedThis comes as one in five Australians say they are “extremely stressed,” when it comes to their financial situation, while a further 50 per cent said they were “somewhat stressed”.Head of consumer research at Finder Graham Cooke said it was clear cost of living was “front and centre for many voters this election”.
“With everything from groceries, to rent and mortgage repayments, and energy bills creeping up, Aussies are feeling the pinch,” he said.Three in four voters saying the biggest factor heading into the election is cost of living. Picture: NewsWire/ David Crosling“The government needs to provide some relief, but also be careful not to push up inflation – a delicate tightrope to walk.
”Mr Cooke said Australians could take steps to strengthen their financial wellbeing, regardless of which party comes to power and small changes could save them up to $4,000 a year.“Whether it’s reviewing your budget, getting a better deal on your mortgage or on essentials like energy and your mobile plan, you can potentially save thousands of dollars,” he said.MORE: Why William, Kate ‘downsized’ from Kensington PalaceBest suburbs to buy a home under $300kThe post Cost of living to change how one in three Aussies vote appeared first on realestate.
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